Depends on what you are hosting I guess. My website is hosted in Finland but there isn’t anything illegal on it.

Sweden? I know VPNs tend to like Sweden from a privacy standpoint

IANAL, but, from a purely technical standpoint, Netherlands is a big hub of east-west Eurasian communications, so the latency, on average, is at least decent from everywhere on the continent. Germany seems to be popular option too, with lots of hosting companies just selling shares of Hetzner nodes. I myself host all my crap in the US because all the good stuff is over there. If you’re asking about the pirate stuff… I don’t know, maybe consider India? They seem to be struggling with cybercriminals over there